Perhaps not fold up, but share price will drift into low 2c, perhaps even 1c range over next couple months. Then they'll have to raise at a sub $10m marketcap which will result in heavy heavy dilution.
Just noticed that they're presenting at the Noosa mining conference (https://www.noosaminingconference.com.au/program) I might head across for it, anyone else in that area should go....
Ann: Quarterly Activities Report, page-5
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Last
2.5¢ |
Change
-0.005(16.7%) |
Mkt cap ! $27.07M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.8¢ | 2.5¢ | $60.65K | 2.255M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1938687 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 120000 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| AGR (ASX) Chart |